(Answered) Company a stocks a certain product at its central warehouse

Management Studies

Company A stocks a certain product at its central warehouse for supplying field service offices. The yearly demand for this product is 15000 units. The annual holding cost for this item is $25 per unit. The cost to place and process an order from the supplier is $75. The company operates 300 days per year, and the lead time to receive an order from the supplier is 2 working days.

a) Find the economic order quantity

b) Find the minimum annual holding cost

c) Find the minimum annual ordering cost

d) Calculate the number of days between 2 successive orders

e) What's the reorder point?

View complete question

Management Theories, Management Studies

Category:- Management Theories
Reference No.:- M92710165
Price:- $25

Verified Expert

Priced at $50 Now at $25, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Management Theories

Question why do you think the worlds largest theme park

Question : Why do you think the world's largest theme park operator, the Walt Disney Co., was motivated to establish parks in Tokyo, Paris, and Hong Kong? What particular market characteristics of each of those sites wer ...

Developing leaders and organisations assessment - report on

Developing, Leaders and Organisations Assessment - Report on Promoting Individual Informal Workplace Learning Brief - You are the newly-appointed Human Resource Advisor in a medium-sized business that employs approximate ...

Questionassume the role of presenter at a conference on

Question: Assume the role of presenter at a conference on organizational development, and then develop a PowerPoint presentation that addresses the following: Explain the importance of top-level leadership in organizatio ...

Identify three reasons that a project can fail explore each

Identify three reasons that a project can fail, explore each of the reasons, propose a solution that will eliminate the problem and turn the initiative into a success. Use a minimum of two peer reviewed sources. The work ...

Healthcare information technology overview the current

Healthcare Information Technology Overview: The current healthcare industry utilizes a plethora of healthcare information technology (HIT) systems. HIT systems are designed to enhance quality outcomes, prevent adverse ev ...

Identify how protecting sovereign boundaries in regards to

Identify how protecting sovereign boundaries in regards to intellectual property has a positive effect on the GDP . Your answer should be in complete sentences

In chester barnards view an organisation can be efficient

In Chester Barnard's view, an organisation can be 'efficient' without being 'effective'. Discuss. Discuss your answer, with reference to the key relevant theoretical contributions and academic studies that were reviewed ...

Chapter- gravity modela manufacturer of cat towers wishes

Chapter- Gravity Model A manufacturer of cat towers wishes to locate a super assembly facility to meet their cat tower assembly needs for the next millennium. Currently, carpet, cylinders, yarn and fasteners are purchase ...

Foundations of complexitycomplexity theory the field of

Foundations of Complexity Complexity theory, the field of study of complex systems, is a relatively recent theory. It is a broad theory encompassing nine research traditions-an aggregation of principles, concepts, theori ...

Looking at leadership through complexityleading

Looking at Leadership Through Complexity Leading knowledge-based companies is different from leading industrial-based companies (Uhl-Bien & Marion, 2008). The authors noted "complexity leadership theory, a leadership par ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Management Theories Expert